Word: capitalists
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...hypersensitive on the Taiwan issue partly because they are feeling vulnerable to internal critics of their own. The huge Chinese Communist Party (39 million members) contains diehard Maoists, provincial military commanders who function as virtual warlords and others who oppose Deng Xiaoping's policy of turning to the capitalist world for help. They also accuse him of subjecting China to humiliation over the sale of the new U.S. jets to Taiwan...
...proceeds of a 1972 literary prize to a small left-wing group in Venezuela. But the author refuses to be categorized. "I have never belonged to a Communist Party," he says, "and my only weapon is my typewriter." That weapon has proved to be a formidable capitalist tool. Solitude alone has 10 million copies in print in 32 languages, and has opened publishers' doors for many more Latin American authors. García Márquez recently deserted his U.S. publisher of six books, Harper & Row, for a more lucrative royalty-and-rights deal with Knopf. His latest novel...
...sides could come up with was a joint pledge to continue negotiations aimed at maintaining "the stability and prosperity of Hong Kong." That was not especially reassuring for the residents, who, perhaps unrealistically, had expected Peking's guarantee that it would preserve the colony's aggressively capitalist character. To compensate, Thatcher went out of her way last week to assure wary residents that Britain was aware of its "moral obligation to the people of Hong Kong. Our differences can be reconciled," she insisted. "We can reach a solution acceptable to China, the people of Hong Kong and Britain...
China, Britain and the colony itself have little to gain if the status quo is disturbed. For China, that could mean losing its main source of foreign exchange and capitalist know-how. For Britain, a Chinese takeover could spell the loss of one of the mother country's biggest Asian trading partners. For the colony, it could mean the end of an economy that last year racked up a gross domestic product of $22 billion and ranked in the top 20 of the world's trading nations...
...Hong Kong because if they did, it would not be Hong Kong." Added a Chinese businessman in Hong Kong: "The problem is that there are some officials in Peking who believe they could run Hong Kong, that they could somehow have a Communist administration and a capitalist economy. They don't understand what makes this place tick...